We have crony capitalism. Government interferes constantly. America was wealthier and there was far less poverty before the welfare state

Jones, you shouldn't think of yourself as a peasant. You should look at how wealthy people acquired their money and do it yourself

9 out of 10 millionaires in America are self made, meaning they didn't inherit it

We had far more pure capitalism a century ago, and it was pretty bad

The owner of the corp I currently work for, aquired his capital and started his business by splicing into the local infastructure of the existing telecom companies. An act like that today would put me away for a very long time

So what he did was not only illegal but unethical

A trend you see often by those with wealth in this system

And purely capitalist systems as a whole

We don't live in a purely capitalist audience

System *

I didn't say we did. I'm saying that this has happened in more pure capitalist socieities as well

In the late 19th century, business owners often would relocate their employees to towns they built paying them in vouchers only valid in these workers towns

Child labor, unsafe working conditions, no protections

As opposed to what

As opposed to these workers having some level of freedom and self determination.

They have the freedom to work there or not to

Or to start their own factory

With what capital

Capital is created

When you're just a few paychecks away from starving, starting your own factory is not even remotely an option

You can't simply create the wealth or funds required to build capital

So you can work for someone else or be self employed and save up money to start your own business

This was what the majority of business owners did. The alternative was to be self sufficient and live in what was objectively poverty, living off the land

It was legal rulings and governments mandates that at the time were considered socialistic that put an end to such practices

So, you can live off the land, or work for someone else & work your way up. How is that bad?

What land?

There was not a ladder to work yourself up. How do you work your way up on employee vouchers

The land you don't own?

At one point, child labor laws were considered socialism

Jones, I'm not aware of any companies doing this anymore

Refer to my above statements

Why do you think they don't do it anymore?

Because big government banned it

Because another company will come along & offer them a better form of payment

Did somebody let a Libertarian into the TWP server?

No, because the government mandated a wage in US dollars

People came to work for Henry Ford because he paid more, they did this voluntarily

Why would they have to, if their buddy in big oil company 1 is doing it. What motivation does big oil company 2 have to improve the situation

Not just a Libertarian, seems like an ancap

Why not collude together to keep the workers under their yoke

Jones, they don't have to work for an oil company